Snapdeal to double engineers to 700 to tap mobile commerce

Friday, September 19, 2014
l Source:
PTI

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The company has shifted half of its 350 engineers from PC to mobile commerce following the massive jump in traffic on this platform till last year. It has also seen mobile commerce soaring to 60 per cent this year from paltry 5 per cent last year.

Leading online retailer Snapdeal is increasing focus on mobile commerce, where it will be doubling its engineering staff count to 700 soon as it sees over 90 per cent of business coming in through this platform over the next three years, its co-founder said today.

Accordingly, the company has shifted half of its 350 engineers from PC to mobile commerce following the massive jump in traffic on this platform till last year. It has also seen mobile commerce soaring to 60 per cent this year from paltry 5 per cent last year.

"Our mobile commerce grew just 5 per cent last year but now we are witnessing a growth of 60 per cent. We are hopeful of receiving 75 per cent of our orders through mobile commerce within the next one year and 90 per cent over next three years," Snapdeal co-founder Kunal Bahl told PTI on the sidelines of the India Retail Forum here.

"We have plans to increase the number of our engineering staff to 700 within six months' time from the currently existing mark of 350," he added. At present, 50,000 businesses are selling their products by using the Snapdeal platform. However, it is expected that around 10 lakh businesses will be using our marketplace over the next three years, he said.